S 998 · 112th Congress · Labor and Employment

Pension Benefit Guaranty Corporation Pilots Equitable Treatment Act

Introduced 2011-05-12· Sponsored by Sen. Akaka, Daniel K. [D-HI]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (text of measure as introduced in Senate: CR S2956)(2011-05-12)

Plain Language Summary

[AI summary unavailable — showing source text] Pension Benefit Guaranty Corporation Pilots Equitable Treatment Act - Amends the Employee Retirement Income Security Act of 1974 (ERISA), with regard to both single-employer and multiemployer plan guaranteed benefits, to require the Pension Benefit Guaranty Corporation (PBGC) , in the case of commercial airline pilots required by Federal Aviation Administration (FAA) regulation to retire before age 65, to compute the actuarial value of monthly benefits in the form of a life annuity commencing at the required retirement age.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (16)

12 Democrats4 Republicans
Sen. Harkin, Tom [D-IA]IA
Sen. Durbin, Richard J. [D-IL]IL
Sen. Isakson, Johnny [R-GA]GA
Sen. Brown, Scott P. [R-MA]MA
Sen. Inouye, Daniel K. [D-HI]HI
Sen. Chambliss, Saxby [R-GA]GA
Sen. Murray, Patty [D-WA]WA
Sen. Hagan, Kay R. [D-NC]NC
Sen. Blumenthal, Richard [D-CT]CT
Sen. Conrad, Kent [D-ND]ND
Sen. Stabenow, Debbie [D-MI]MI
Sen. Burr, Richard [R-NC]NC
Sen. Merkley, Jeff [D-OR]OR
Sen. Mikulski, Barbara A. [D-MD]MD
Sen. Casey, Robert P., Jr. [D-PA]PA
Sen. Cardin, Benjamin L. [D-MD]MD